Imported technology, in context from the statement, identifies machines which are not indigenous towards the Caribbean. These types of machines let little or no manual effort used in order to finish tasks. The moot suggests that, these systems have advanced Caribbean financial systems only a little bit.

Place an order for research paper!

Database of essay examples, templates and tips for writing For only $9.90/page

Imported technology has not partially improved Caribbean economies. It includes immensely increased economies of the Caribbean. A large number of Caribbean island destinations depend on tourism as a market, and technology plays and integral function in improving this market.

Technology can be described as massive promoting media. Promoting of the island destinations is done through television and radio commercials, the Internet through web pages as well as brochures, which are printed simply by machines. Technology has without a doubt fostered the enhancement with the tourist industry. Technology through tourism offers aided in generating revenue for the islands.

Technology has made the Caribbean famous. Financial economical institutions also have taken good thing about imported technologies to meet the needs with their customers. Folks no longer need to wait in lengthy queues to become served by unfriendly individual tellers to withdraw or deposit payments. Technology has turned it likely to have Automated Teller Devices (ATM’s), mobile phone banking, offshore banking and credit and debit cards – the use of digital cash. From this new age of business, technology is what makes an improvement.

The use of technology in advertising promotes economic development through the consumption of goods and services. The systems employed to boost this development are web commerce, the getting of goods and or services with the use of digital cash, and web pages. Allows not forget the greater ancient, yet somehow still technical ways of advertising and marketing, the television and radio. Moreover many businesses have realized the efficiency of technology and thus have taken steps to handle their businesses by using accounting and workplace systems that are technologically driven. Technology has created jobs.

Every man made things are not long term and they breakdown and endeavors are made to deal with them. This produces jobs intended for television; a radio station and appliances for the home repair males. Technology has also created jobs for advertising experts in tv set and radio. One should not forget the i . t sector, which is now developing quickly.

This sector has produced many jobs such as info entry man or women, systems experts, programmers, pc technicians, and suppliers of hardware and software. Jobs are created and these individuals are now able to provide for their particular basic needs of lifestyle. It is quite evidential that technology has played out an essential role in the improvement of Carribbean economies.

The role technology has played out is definitely familiar, vast, huge and not little.

< Prev post Next post >

Mass Media and Economic Development Essay

Advertising has always been one of the pillars of recent society. Having its wide range and base, it really is indubitably, the most efficient and successful way of mass information ...

Global Poverty Essay

Poverty is a serious issue that is going on for hundreds of years. Every day you will find people who perish due to being hungry but you will discover solutions ...

The Impact of the IOM Report on Nursing Essay

The Affordable Proper care Act was passed on Mar 23rd, 2010 and is part of the health change which boosts benefits furnished by insurance companies. In Wisconsin insurance agencies are ...

Economic Development Models Essay

Several economic expansion models have been the product of theorizing via various monetary and personal contexts. With regards to underdevelopment, the dependency style was chosen for dialogue in this newspaper ...

The six macro-environments forces Essay

Go over how the six macro-environments (demographic, economic, organic, technological, personal, and social/cultural) forces may affect the promoting of a drink or meals company. Firms and their suppliers, marketing intermediaries, ...

Rational Choice Theory Essay

“Man is a logical animal who always loses his outburst when he is called upon to behave in accordance with the dictates of reason. ” As noticed from Oscar Wilde’s ...

Sensory marketing paper Essay

Nowadays, sensory marketing is found in every single industry especially in service industry (Goldkuhl & Styven, 2007). Businesses enjoys hotel, cafe, and department store use advertising activities through senses from ...

Capital Budgeting Essay

1 ) Define the term “incremental money flow”. Because the project will be financed simply by debt, should the cash flow analysis are the interest expenditure? Incremental cashflow is the ...

Organic food vs. non-organic food Essay

When you go to the superstore, what type of meals do you get? Organic food or nonorganic food? You may buy a number of both? Nevertheless , when it comes ...

Asian Agri and the future of Palm oil Essay

Is usually Tanoto accurate that palm oil has a bright future? Tanoto is correct that palm oil – aka the “golden corp” of Southeast Asia – has a shiny future. ...

Category: Economics,

Topic: Digital cash, Goods services, Impact, Technology,

Words: 471

Published:

Views: 621

Download now
Latest Essay Samples